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Hybrid And Electric Vehicle Repair Alliance Ltd

10823537

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE RETAIL MOTOR INDUSTRY, LONDON, W1W 5AB
Incorporated 16/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
45310
Wholesale trade of motor vehicle parts and accessories
85590
Other education
94110
Activities of business and employers membership organisations

Officers

Mr Robert Michael Collison

director · Since 12/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Stuart George James

director · Since 12/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

The Retail Motor Industry Federation Ltd

Significant control
significant-influence-or-control-as-firm

201, Great Portland Street, London, W1W 5AB

Reg: 00133095 · Companies House Cardiff · Limited

Notified 10/07/2023

Former PSCs

Mr Peter John Melville

Ceased 12/01/2023

Mr Stuart George James

Ceased 10/07/2023

CompanyRankvs 18225+ SIC 45200 peers
58

Financial strength37th percentile among SIC peers · 9/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2022

Net Worth

£468

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£12k

Current Liabilities

£8k

Fixed Assets

£24k

3avg. employees+2

Balance Sheet

Assets less current liabilities£28k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20221.56
20211.51+£2k
20202.17+£225
20191.26
20181.45

Derived from filed accounts. Not audited figures.